Chartwell Investment Partners LLC Has $10.71 Million Stock Holdings in Enpro Inc. (NYSE:NPO)

Chartwell Investment Partners LLC lowered its position in Enpro Inc. (NYSE:NPO - Free Report) by 9.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 66,036 shares of the industrial products company's stock after selling 6,546 shares during the quarter. Chartwell Investment Partners LLC owned about 0.31% of Enpro worth $10,710,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. BNP Paribas Financial Markets raised its stake in Enpro by 77.6% during the first quarter. BNP Paribas Financial Markets now owns 10,517 shares of the industrial products company's stock valued at $1,775,000 after buying an additional 4,595 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Enpro by 23.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 3,278 shares of the industrial products company's stock worth $553,000 after acquiring an additional 628 shares during the last quarter. Texas Permanent School Fund Corp raised its position in Enpro by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 18,298 shares of the industrial products company's stock worth $3,088,000 after purchasing an additional 238 shares during the period. SG Americas Securities LLC bought a new position in shares of Enpro during the first quarter valued at approximately $734,000. Finally, Illinois Municipal Retirement Fund lifted its position in shares of Enpro by 0.7% during the first quarter. Illinois Municipal Retirement Fund now owns 12,198 shares of the industrial products company's stock worth $2,059,000 after purchasing an additional 85 shares during the last quarter. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

Enpro Stock Performance

Shares of NPO traded up $2.57 during mid-day trading on Monday, hitting $166.13. 31,489 shares of the company's stock were exchanged, compared to its average volume of 95,499. Enpro Inc. has a fifty-two week low of $119.66 and a fifty-two week high of $176.13. The firm has a market capitalization of $3.49 billion, a P/E ratio of 63.64 and a beta of 1.41. The business's 50 day moving average is $154.85 and its two-hundred day moving average is $153.17. The company has a current ratio of 2.76, a quick ratio of 1.90 and a debt-to-equity ratio of 0.43.

Enpro (NYSE:NPO - Get Free Report) last posted its earnings results on Tuesday, November 5th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.87 by ($0.13). Enpro had a return on equity of 9.71% and a net margin of 5.20%. The business had revenue of $260.90 million for the quarter, compared to analyst estimates of $264.47 million. During the same period last year, the company posted $1.58 EPS. The firm's revenue for the quarter was up 4.1% compared to the same quarter last year. On average, equities analysts expect that Enpro Inc. will post 6.89 earnings per share for the current year.

Enpro Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th will be issued a $0.30 dividend. The ex-dividend date is Wednesday, December 4th. This represents a $1.20 dividend on an annualized basis and a yield of 0.72%. Enpro's dividend payout ratio is currently 46.69%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Enpro from a "buy" rating to a "hold" rating in a research note on Wednesday, November 6th.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.